Sopheon Share Discussion Threads

[cfro] 23/3/2017 15:26

Very strange market reaction today when the results were better than anyone envisaged.

A good opportunity for investors to add or new investors to come aboard here imo. Still loads more to go for here.

[runthejoules] 23/3/2017 14:16

I hate my new 'buy & hold' strategy :-(

[bruceylegs] 23/3/2017 10:40

Other points to note:
- Gross margin of c. 70% (slightly down on 2015's 72%, but still very healthy).
- Cash of $10m, 73% of which is held in USD.

[trinko] 23/3/2017 10:09

500P A hurdel to high for today?

[cfro] 23/3/2017 10:06

That is a really good point you make ic2.

[interceptor2] 23/3/2017 09:32

Worth highlighting the deferred tax assets still available for use by Sopheon in the future. I normally discount tax credits from my calculations, but in the case of Sopheon it looks like using the EPS figure at 59c (47.2p) is fair going forward.

7. Income Tax

At 31 December 2016, tax losses estimated at $64m (2015: $70m) were available to carry forward by the Sopheon Group, arising from historic losses incurred. These losses have given rise to a deferred tax asset of $1.3m (2015: Nil) and a further potential deferred tax asset of $17.4m (2015: $20.7m), based on the tax rates currently applicable in the relevant tax jurisdictions. An aggregate $9.4m (2015: $11.7m) of these losses are subject to restriction under section 392 of the US Internal Revenue Code due to historical changes of ownership.

[varies] 23/3/2017 09:14

Congratulations to those who predicted diluted EPS of 36p. Spot on !
I doubt if I will prove wise to have sold out before these results but the stock market is looking rather toppy and I may be tempted back in if the price falls.

[kryptonsnake] 23/3/2017 08:52

I just logged on to see if I could top up whilst it was down but it's shot back up again. Excellent results, I will be looking for around £6 in the short term!

[samsj] 23/3/2017 08:45

they will take all of my stock which is unusual. I'm hardly rich but I have enough. $14.5 million visibility for next year is good, 20% up.

[runthejoules] 23/3/2017 08:31

Profit taking or market making?

[deadend] 23/3/2017 08:27

Mms shaking the tree,want more stock,this is way too low.imo

[dixies] 23/3/2017 08:25

finnCap raises target price to 620p.

[eagle eye] 23/3/2017 08:05

Thank you to everyone at Sopheon for delivering such excellent results.
Diluted eps 44.3c equates to eps of 35.7p ($1.24/£).
The outlook appears positive too.
Happy days for all shareholders :-)

[interceptor2] 23/3/2017 07:57

Great set of results. Even discounting the tax credit gives EPS approximately of 41.5p and to be really harsh if a 20% tax charge is used the EPS would be 33p.

SPE the share that keeps on giving :o)

[bruceylegs] 23/3/2017 07:56

Fantastic. Broker estimated EPS was 33 cents. So I think that qualifies as materially ahead.

[allstar4eva] 23/3/2017 07:53

Slap a pe of 20 on historical figures gets share price of £7 quid on diluted eps or £8.80 on basic eps. Either way far too cheap. Costs largely fixed from last year and revenue growing. Much of additional revenue going to bottom line. Lovely!

[wjccghcc] 23/3/2017 07:53

59c includes a tax credit. Excellent results but not quite as amazing as that!

[cfro] 23/3/2017 07:45

These are certainly 'blow you out of the water' results!

EPS 59cents basic and 44c dilluted. :0)

[trinko] 23/3/2017 07:44

Opening price??

[bahiflyer] 23/3/2017 07:26

Wow great results, better than I had expected even.
EPS 59cents = 48p plus the order backlog for 2016 revenue has rolled into 2017 giving an excellent start to 2017.

[andyt2885] 23/3/2017 07:18

Looks like a very strong set of accounts, just missing a dividend payment which would have been even better.

[trinko] 23/3/2017 07:16

Profit: In line with this substantial increase, profit per ordinary share has also risen sharply to 59 cents (2015: 15.5 cents).Looks very strong

[rem108] 23/3/2017 07:11

Fantastic !
Profit before tax 3,034 /// 1,196(2015)

Income tax credit/(expense) 1,275 (65)( 2015)

Profit for the year 4,309 /// 1,131(2015)
======== ========

Earnings per share - basic 59.05c 15.54c( 2015)

Earnings per share - diluted 44.35c 13.90c(2015)

Net assets have nearly doubled to $10.4m from $5.5m in 2015.

[trinko] 23/3/2017 06:56

Report is out on the siphon side look strong!!!

[chadders] 22/3/2017 16:11

I get the feeling it's a bigger day than usual tomorrow so good luck to all long termers.